D.C. Code § 29-1008.20: Other considerations of directors.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 10. Limited Cooperative Associations.
- Subchapter VIII. Directors and Officers.
Unless the articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long and short term interest of the association and its patron members, may consider:
(1)
The interest of employees, customers, and suppliers of the association;
(2)
The interest of the community in which the association operates; and
(3)
Other cooperative principles and values that may be applied in the context of the decision.
Collected 2026-08-29T05:44:07Z. Source file · JSON